Asahi Kasei's ZOLL Medical establishes Japanese subsidiary


ZOLL Medical Corp., a manufacturer of medical devices and a large buyer of plastic components, announced its first major expansion since its acquisition this year by Japanese chemicals and plastics giant Asahi Kasei.

ZOLL will establish Asahi Kasei ZOLL Medical Corp. as its Japanese subsidiary effective Nov. 5 to advance its medical device business in Japan, which it described as the second largest medical market in the world. The new Tokyo-based subsidiary will be headed by Seiji Sakano.

Richard A. Packer, CEO of ZOLL (Chelmsford, MA) said that ZOLL is accelerating the expansion of its foreign operations with a focus on Japan and other major Asian markets as part of the Asahi Kasei Group.

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